Economy News

Economy

Fed Chair Powell Highlights Labor Market Equilibrium Amidst Economic Uncertainties

Fed Chair Jerome Powell discusses the equilibrium in the labor market, highlighting low hiring and firing rates. He emphasizes the Fed's close monitoring and the early stage of ass...

Economy

Fed Chair Powell Highlights Rising Short-Term Inflation Expectations Amid Tariff Impacts

Federal Reserve Chair Jerome Powell discusses the rise in short-term inflation expectations, driven by tariffs, while long-term expectations remain stable. Surveys from households,...

Economy

Fed Chair Powell Highlights Low Recession Risk Amid Economic Vigilance

Federal Reserve Chair Jerome Powell addressed the economic outlook, noting a slight increase in recession probability forecasts but reassured that the overall risk remains low. Pow...

Economy

Powell Highlights Tariffs' Role in Rising Inflation Expectations Amid Strong Labor Market

Federal Reserve Chair Jerome Powell discusses the significant role of tariffs in rising inflation expectations, amidst a strong labor market and policy uncertainties.

Economy

Federal Reserve Forecasts Significant Rate Cuts by 2025, Aiming for 3.75%-4% Range

The U.S. Federal Reserve plans a 50 bps rate cut by 2025, targeting a 3.75%-4% range to stimulate economic growth amidst global changes.

Economy

Federal Reserve Maintains Current Interest Rates Amid Economic Growth and Inflation Concerns

The Federal Reserve maintains interest rates between 4.25% and 4.50%, citing solid economic growth and stable employment. Concerns over elevated inflation levels persist, with the ...

Economy

UK Races Against Time to Shield Economy from US Tariffs Ahead of April 2 Deadline

The UK is in urgent negotiations to mitigate the impact of US tariffs set for April 2, focusing on the digital services tax affecting tech giants. The Treasury insists on maintaini...

Economy

ECB's Elderson Highlights Resilience and Future of European Banking System

Frank Elderson of the ECB discusses the resilience of the European banking system, attributing its strength to robust regulatory frameworks. He also highlights the importance of fu...